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Which factor contributes to the growth of the rural market in India?
  • a)
    Decrease in rural population.
  • b)
    Decreased purchasing power of rural consumers.
  • c)
    Development of infrastructure in rural areas.
  • d)
    Decreased demand for consumer durables.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Which factor contributes to the growth of the rural market in India?a)...
The growth of the rural market in India is supported by the development of infrastructure in rural areas. Construction of roads, transportation networks, communication facilities, rural electrification, and public service projects have increased the scope of rural marketing. This development enhances accessibility and connectivity, making it easier for companies to reach rural consumers and expand their market presence.
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Which factor contributes to the growth of the rural market in India?a)Decrease in rural population.b)Decreased purchasing power of rural consumers.c)Development of infrastructure in rural areas.d)Decreased demand for consumer durables.Correct answer is option 'C'. Can you explain this answer?
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